There are lots of items which could affect your credit report and tank your score
Our invoices vary from credit card payments, mortgages, phones, and utility payments.
Fundamentally, loan issuers would come for their money in case you don't make payments on time. Each collection adds to a credit report and will cripple your loan negotiation ability. In the most recent FICO versions, paid collections will not hurt your score, but unpaid ones surely will.